SGS receives final Zakat assessments for 2015-2023, with SAR 295.7M differences

Logo of Saudi Ground Services Co. 

Saudi Ground Services Co. (SGS) announced receiving final Zakat assessments from the Zakat, Tax, and Customs Authority (ZATCA) for the fiscal years from 2015 to 2023. This came in reference to the interim condensed financial statements for the period ended Sept. 30, 2025 (Note 12), as the company was in the final stages of concluding these assessments.

Following extensive efforts and constructive engagement of the company's management with ZATCA, final assessments with total differences amounting to SAR 295.73 million have been issued and accepted by the company with the right to object to the rejected items, according to a Tadawul statement.

The company also confirmed that sufficient provisions have been maintained to cover these assessments.